Kolkata: PPFAS Mutual Fund on Thursday announced the launch of its New Fund Offer (NFO), the Parag Parikh Large Cap Fund, at the Kolkata Press Club.
The NFO, opened on January 19, 2026, will remain open for subscription until January 30, 2026, after which the scheme will reopen on February 6, 2026. The Parag Parikh Large Cap Fund marks the seventh offering by the fund house since its inception.
The scheme seeks to provide cost efficient, broad large-cap exposure with an implementation approach designed to manage trading and impact costs, while keeping portfolio positioning close to the scheme’s benchmark over time, using the efficient instruments and maintaining a small active share.
The minimum investment shall be Rs 1,000 and in multiples of Re 1 thereafter. There won’t be any entry or exit load. Both Direct and Regular Plans will offer Growth and Income Distribution cum Capital Withdrawal Options.
Speaking to the media, Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund said, “Many investors seek large-cap exposure that is transparent, low-cost, and consistent. This fund has been launched to meet that need by focusing on smart execution and cost efficiency, the benefits of which will be passed to the end investor.”
Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Tejas Soman and Aishwarya Dhar will manage the scheme.
